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Selecting an individual to act on one's behalf in a Power of Attorney (POA) agreement constitutes a decision of substantial importance. A POA grants legal authority to another party, enabling them to make determinations pertaining to one's financial assets, property,...
Purchasing a condo development is a significant investment, and discovering hidden defects afterward can be frustrating and costly. Maryland state law provides protections and remedies for buyers who encounter undisclosed issues after the purchase of condo...
Demographic shifts play a significant role in shaping the real estate market. One notable change is the aging population, which influences various aspects of homeownership and foreclosure trends. Understanding these effects helps homeowners, lenders, and policymakers...
Business succession planning is essential for ensuring the smooth transfer of business ownership. In Maryland, business owners might consider some factors to maintain business continuity and address tax implications. Preparing for ownership transfer A clear succession...
Homeowners Associations play a significant role in maintaining the appearance and value of a community. While they have a prerogative to impose various mandates, including those relating to flags, there are limits on what they can enforce. Knowing these constraints...
Renting a home is a common and often necessary arrangement, but it can sometimes lead to disagreements between tenants and landlords. Both parties need to take proactive measures to ensure a smooth and conflict-free living experience. Clear communication from the...
Landlords in Washington, D.C., should approach the task of increasing rent with careful consideration and adherence to legal requirements. Doing this helps maintain a harmonious landlord-tenant relationship. Of course, it is possible that despite a landlord’s best...
Suffering financial problems might prevent you from making mortgage payments on time. However, while delinquent payments could lead to foreclosure, it is not inevitable that you will lose your property. Many lenders understand that unforeseen circumstances can disrupt...
As you set up your estate plan, you should also choose at least one power of attorney to handle your legal, financial and healthcare decisions if you ever become incapacitated. You can also designate someone for specific tasks, such as selling real estate, or someone...
Owning a condo is an excellent homeownership option because it gives you access to your private unit and various common areas along the property. However, it can also lead to some complex legal disputes. One area of dispute which has become common recently involves...
